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Oct 7, 2013
10/13
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of the debt ceiling. it is our view, as i think both those officials stated this morning, that since the whole argument is to remove uncertainty, the uncertainty created by the threat of default, the threat of not raising the debt ceiling, that the longer you raise the debt ceiling or, the better, and we will -- the debt ceiling for, the better, and we will support a movement to raise the debt ceiling for year. that would certainly be viewed here is something we did support. but we don't get to make those determinations. what our position has always been was not raise it for a certain amount of time. it has been raise the debt ceiling without drama and delay. , ourver the duration position will not change, which is raise it so that the united states can continue to pay its bills and continue to ensure that the world knows we are good to our word and we fulfill our obligations, and when it comes up again, our position will still be, we will not negotiate over congress's responsibility is to pay the bills t
of the debt ceiling. it is our view, as i think both those officials stated this morning, that since the whole argument is to remove uncertainty, the uncertainty created by the threat of default, the threat of not raising the debt ceiling, that the longer you raise the debt ceiling or, the better, and we will -- the debt ceiling for, the better, and we will support a movement to raise the debt ceiling for year. that would certainly be viewed here is something we did support. but we don't get to...
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Oct 6, 2013
10/13
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ALJAZAM
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this, as time ticks way for that looming debt ceiling debt line. that's coming up on october 17th. president obama called on house republicans to end the budget stalemate. >> we can vote to open the government today. we know there are enough to open who are prepared to vote to open the government today. >>> according to the national weather service, the storm will move near the louisiana coastline. as it tracks east for you, it will continue to lose strength. >> u.s. forces have carried out raids on targets in libya and somalia. it launched an operation in a coastal town in somalia. officials stay raid in tr ipo li tatargeted an al qaeda member ta u.s. embassy bombing in 1988. >>> he wa was a member of the al qaeda team. >>> it was interesting of such activity there and none of these targets are very easily. >> i would imagine that the west gate of more attacking kenya is probably the american special forces and insurgents community to take advantage of whatever information they have to see oh it back against al-shabab and also against al qaeda. i guess the ben ghazi attack is fres
this, as time ticks way for that looming debt ceiling debt line. that's coming up on october 17th. president obama called on house republicans to end the budget stalemate. >> we can vote to open the government today. we know there are enough to open who are prepared to vote to open the government today. >>> according to the national weather service, the storm will move near the louisiana coastline. as it tracks east for you, it will continue to lose strength. >> u.s. forces...
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Oct 20, 2013
10/13
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FBC
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of raise the debt ceiling. of raise the debt ceiling. raise the debt ceiling. [ male announcer ] the founder of mercedes-benz once wrote something on a sheet of paper and placed it in his factory for all to see. ♪ four simple words where the meaning has never been lost. the challenge always accepted. and the calling forever answered. ♪ introducing the all-new 2014 s-class. mercedes-benz. the best or nothing. ask me what it's like the all-new 2014 s-class. to get your best night's sleep every night. [announcer] why not talk to someone who's sleeping on the most highly recommended d in america? ask me about my tempur-pedic. ask me how fast i fall asleep. ask me about staying asleep. [announcer] tempur-pedic owners are more satisfied than owners of any traditional mattress brand. tempur-pedic. the most highly recommended bed in america. now sleep cooler with extra cooling comfort on our bestselling tempur-breeze beds. visit tempurpedic.com to learn more, and find a retailer near you. you are gonna need a wingman. and with my cash back,
of raise the debt ceiling. of raise the debt ceiling. raise the debt ceiling. [ male announcer ] the founder of mercedes-benz once wrote something on a sheet of paper and placed it in his factory for all to see. ♪ four simple words where the meaning has never been lost. the challenge always accepted. and the calling forever answered. ♪ introducing the all-new 2014 s-class. mercedes-benz. the best or nothing. ask me what it's like the all-new 2014 s-class. to get your best night's sleep...
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Oct 10, 2013
10/13
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CNNW
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ceiling and defaulting on our debts. while that is sort of germinating throughout those in the white house, we're waiting for their reaction. wouldn't it be really nice to be able to hear someone stand up in congress and speak from the heart, somebody guided by faith and conscience? wow! guided by principle and not the partisan talking points and the line of the day or the hashtag? there is someone exactly like that. you're about to hear from him. but with the caveat he's not a member. have a listen. >> deliver us from the hypocrisy of attempting to sound reasonable while being unreasonable. forgive them for the blunders they have committed, infusing them with the courage to admit and correct mistakes. today, give our lawmakers the vision and the willingness, remove from them that stubborn pride which imagines itself to be above and beyond criticism. lord, deliver us from governmin by crisis. it's time for our lawmakers to say enough is enough. we pray in your merciful name, amen. amen. amen. amen. >> amen. i'm going to
ceiling and defaulting on our debts. while that is sort of germinating throughout those in the white house, we're waiting for their reaction. wouldn't it be really nice to be able to hear someone stand up in congress and speak from the heart, somebody guided by faith and conscience? wow! guided by principle and not the partisan talking points and the line of the day or the hashtag? there is someone exactly like that. you're about to hear from him. but with the caveat he's not a member. have a...
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Sep 18, 2013
09/13
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CNNW
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raising the debt ceiling must mean that we're running up our debt. so people don't like to vote on it and typically there's some gamesmanship in terms of making the president's party shoulder the burden of raising the -- taking the vote and then there's some political campaign later that smacks them around for saying, joe smith voted to raise the debt ceiling by $2 trillion, and it sounds terrible and it's a fun talking point for politics, but it always gets done. and if there is a budget package that includes the debt ceiling vote, it's not the debt ceiling that is driving the negotiations. it's stuck into the budget negotiations because if you're going to take a bunch of tough votes anyway, you may as well go ahead and stick that in there. you have never seen in the history of the united states the debt ceiling or the threat of not raising the debt ceiling being used to extort a president or a governing party and trying to force issues that have nothing to do with the budget and nothing to do with the debt. so here's where we are, and i think this
raising the debt ceiling must mean that we're running up our debt. so people don't like to vote on it and typically there's some gamesmanship in terms of making the president's party shoulder the burden of raising the -- taking the vote and then there's some political campaign later that smacks them around for saying, joe smith voted to raise the debt ceiling by $2 trillion, and it sounds terrible and it's a fun talking point for politics, but it always gets done. and if there is a budget...
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Oct 13, 2013
10/13
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your annual budget and opportunities to raise the debt ceiling. what is important is you take the issues, try to get some concessions are you do not have to raise the debt ceiling the next time. this is your only opportunity to exercise controls on spending. but the system counts on the people coming together. it has gotten to the point now where it is out of hand. guest: you get to the point where you get the best deal you can. both sides do not get what they want, but they get something. i guess this is going to happen october 17. sure scares tuple. guest: it's not just brinkmanship, but america's reputation overseas. host: caller, you are on the air. caller: hello, everyone. i think we see -- host: all right, let's move on to nicole in jackson city. caller: i was calling to talk but the government shutdown. i have a niece. she is in college. her child was in head start. the thing with parents -- they have to overcome and yesterday in the grocery store, there was a woman in there behind her. they had 9 children. they got the groceries. they coul
your annual budget and opportunities to raise the debt ceiling. what is important is you take the issues, try to get some concessions are you do not have to raise the debt ceiling the next time. this is your only opportunity to exercise controls on spending. but the system counts on the people coming together. it has gotten to the point now where it is out of hand. guest: you get to the point where you get the best deal you can. both sides do not get what they want, but they get something. i...
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Sep 14, 2013
09/13
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public supporting the debt ceiling. no one understands what is really going on with the budget in washington. this is the single biggest issue. the single biggest issue, the president and congress are fighting over now, poised to do battle over and no one understands. so let's just take a moment to look at why we are where we are. all right? there are two deadlines coming up. the first is a deadline for the authority for the government to spend money when it runs out. that's known as the continuing resolution. it's a short-term budget extension that expires on september 30th. that as you will note from this calendar is just 17 days from now. if acr isn't passed, the government can't spend more money, it shuts down. a few weeks later between mid october and november 5th, the country hits a so-called debt ceiling. it's this stupid, artificial thing to allow the government to borrow more money to pay its bills. bills it has already incured. it's a different thing that the continuing resolution, but it's another deadline an
public supporting the debt ceiling. no one understands what is really going on with the budget in washington. this is the single biggest issue. the single biggest issue, the president and congress are fighting over now, poised to do battle over and no one understands. so let's just take a moment to look at why we are where we are. all right? there are two deadlines coming up. the first is a deadline for the authority for the government to spend money when it runs out. that's known as the...
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hitting debt ceiling doesn't do it. >> we have go different issues. one is the debt ceiling. the second is the sequester. doug is right, debt ceiling expiring doesn't automatically cut spending but the sequester does. cuts across the board manner, social security, medicare and medicaid are exempted. deep cuts into the military and discretionary spending will go into effect. those things will happen simultaneously and force people back into the bargaining table to come up with at least a temporary patch. melissa: solving the problem in the long run is the real problem we have. governor, how do we deal with that? this is fundamental disagreement between two groups of people one side believes the government should get larger and have a bigger role and needs more revenue to do that the other side thinks we need to shrink government. those are so diametrically opposed points of view. i don't know how even though we're at this crisis point how do you resolve that fundamentally different point of view? >> well, look that different point of view has been going on since, you know, ham
hitting debt ceiling doesn't do it. >> we have go different issues. one is the debt ceiling. the second is the sequester. doug is right, debt ceiling expiring doesn't automatically cut spending but the sequester does. cuts across the board manner, social security, medicare and medicaid are exempted. deep cuts into the military and discretionary spending will go into effect. those things will happen simultaneously and force people back into the bargaining table to come up with at least a...
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Oct 9, 2013
10/13
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ceiling, you think that's adding for debt. the president said that's not what it means. but the republicans everywhere are rejoicing that the debt ceiling is a confusing thing to understand. so we are going to make it u crystal clear coming up. maybe you've noticed. is there a lot of worry building up around a daily problem? well ladies, now there's big news in controlling your overactive bladder symptoms. thinking less about them with new oxytrol for women. it's a patch. the first and only over the counter treatment for overactive bladder. it's good to know how to put the control back in your go. new oxytrol for women. now over the counter in the feminine care aisle. visit oxytrolforwomen.com to learn more. >>> if congress refuses to raise what's called the death ceiling, america would not be able to meet all of our financial obligations for the first time in 225 years. and because it's called raising the debt ceiling, i think a lot of americans think it's raising our debt. it is not raising our debt. this does not add a dime
ceiling, you think that's adding for debt. the president said that's not what it means. but the republicans everywhere are rejoicing that the debt ceiling is a confusing thing to understand. so we are going to make it u crystal clear coming up. maybe you've noticed. is there a lot of worry building up around a daily problem? well ladies, now there's big news in controlling your overactive bladder symptoms. thinking less about them with new oxytrol for women. it's a patch. the first and only...
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Jan 7, 2013
01/13
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CNBC
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we've got the debt ceiling debt bait coming. peter, what's your take? >> well, i think the debt ceiling, we've been through that before -- once before. this second time i think it's going to be actually maybe too much to say a piece of cake, but we've seen it before and i think that we will sail through that. and earnings, i'm looking at earnings to be probably sideways this past quarter. going into 2013 i think it's going to be one heck of a year. >> you mean a strong year? >> yes. strong. >> and you think stocks react to that? >> i do. i think they will react very strongly. i think there's a lot of risk, uncertainty out there. but on top of that, i think you will see stock buybacks. and i also still think you will see some dividend increases which are great for investors. >> brian, do you think it's going to be a piece of cake the debt ceiling discussions? >> what? >> that's what he said. >> this has been a market place that since 2007, 2008, that reacts to every little sound bite. we're going to see some volatility during every time of situation or n
we've got the debt ceiling debt bait coming. peter, what's your take? >> well, i think the debt ceiling, we've been through that before -- once before. this second time i think it's going to be actually maybe too much to say a piece of cake, but we've seen it before and i think that we will sail through that. and earnings, i'm looking at earnings to be probably sideways this past quarter. going into 2013 i think it's going to be one heck of a year. >> you mean a strong year?...
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Jan 2, 2013
01/13
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over the debt ceiling. >>> it is time for your top 5@5:00. the fiscal cliff vote wasn't the only drama in the house late last night. anger erupted on the house floor after alaw americas learned thee would be a no vote for super sandy victims. they were expect ago vote on the measure before the term ends tomorrow. but republican leaders suddenly ended the session last night prompting outrage from both sides. >>> everybody played by the rules until the rug was pulled out from under us. we have a moral obligation to hold this vote. >> mr. speaker, we cannot turn our backs on our citizens who need us. >> i have to go home and tell them their new year's gift they are going to wait even longer, even longer for something they should have had over a month ago. >> this is an absolute disgrace. the speaker should hang his head in shame for allowing this to come up. >> he helped parts of new york and new jersey rebuild from that storm delaying the house vote until the new congress is sworn in. we will start the entire process over again. >> bipartisan o
over the debt ceiling. >>> it is time for your top 5@5:00. the fiscal cliff vote wasn't the only drama in the house late last night. anger erupted on the house floor after alaw americas learned thee would be a no vote for super sandy victims. they were expect ago vote on the measure before the term ends tomorrow. but republican leaders suddenly ended the session last night prompting outrage from both sides. >>> everybody played by the rules until the rug was pulled out from...
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Oct 10, 2013
10/13
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debt ceiling denies needed dose of debt ceiling reality and you have given them that today. you have said or i think in just about these words you said prioritization is default by another name and prioritization is extremely difficult as you said. do we pay foreign debts or veterans benefits? do we make sure social security benefits go out or pay medicare. do we pay for education. american people don't want that. they would want to pass a clean debt ceiling bill and avoid those awful choices but i would like to talk about the other -- one of the debt ceiling deniers i read in the new york times, congressman brown, also said much of what he learned in medical school where lies the came from in his words the pits of hell. if we a people and -- letting people like this beat us, god save america. i would like to deal with the second issue. which is the timing. in my view we are like a blindfolded man walking towards a cliff and if we keep walking in that direction, very soon we will fall off. we may fall off on october 16th, we may fall off on october 17th, we may fall on oct.
debt ceiling denies needed dose of debt ceiling reality and you have given them that today. you have said or i think in just about these words you said prioritization is default by another name and prioritization is extremely difficult as you said. do we pay foreign debts or veterans benefits? do we make sure social security benefits go out or pay medicare. do we pay for education. american people don't want that. they would want to pass a clean debt ceiling bill and avoid those awful choices...
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Oct 8, 2013
10/13
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all of this days ahead of the national debt ceiling vote. they will hammer the republicans on the government shut down which did furlough many employees and next week's debt ceiling while defending his refusal to negotiate. >> i cannot do that under the threat if republicans don't get 100 percent of their way they will shut down the government offer default on america's debt so that america for the first time in history does not pay its bills. >> hoiuse republicans say they will continue their efforts to fund part are thes of the government even in the face of veto threats from the white house. >> if we take care of vital priorities this week and going forward we negotiate a compromise that mitigate and prevent the harm of obama care to millions of americans that will be a real victory to the me american people. >> they opened the door to a possible temporary fix here. it would be a short term increase of the national debt ceiling and a short term funding bill to reopen government. that seems to be the latest that could provide possible of r
all of this days ahead of the national debt ceiling vote. they will hammer the republicans on the government shut down which did furlough many employees and next week's debt ceiling while defending his refusal to negotiate. >> i cannot do that under the threat if republicans don't get 100 percent of their way they will shut down the government offer default on america's debt so that america for the first time in history does not pay its bills. >> hoiuse republicans say they will...
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Oct 9, 2013
10/13
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ceiling, you think that's adding for debt. the president said that's not what it means. but the republicans everywhere are rejoicing that the debt ceiling is a confusing thing to understand. so we are going to make it u crystal clear coming up. evto earn degrees in mathan stand science.ut but more than half leave their programs. so we're missing out on 450,000 math and science graduates annually. but if we can help students prepare for these subjects we'll have a stronger workforce for our fastest-growing industries. let's invest in our future. join exxonmobil in advancing math and science education. let's solve this. she loves a lot of it's what you love about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all yo
ceiling, you think that's adding for debt. the president said that's not what it means. but the republicans everywhere are rejoicing that the debt ceiling is a confusing thing to understand. so we are going to make it u crystal clear coming up. evto earn degrees in mathan stand science.ut but more than half leave their programs. so we're missing out on 450,000 math and science graduates annually. but if we can help students prepare for these subjects we'll have a stronger workforce for our...
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Oct 9, 2013
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the debt ceiling. >> you think that some facet of the president's health care plan should be attached to an increase in the debt celling? >> yes. >> we've just got to put obama care on hold. >> i'll do anything i can to protect the american people from obama care. >> republican congressman scott garrett said if a debt ceiling deal doesn't have a full delay or defund of obama care, i know i and many others will not be able to support whatever the leadership proposes. the president has repeatedly assured republicans this will never happen. >> i'm going to repeat it. there will be no negotiations over this. the united states government p pays its bills. that's non-negotiable. we're not going to negotiate around the debt ceiling. >> the republicans think they have the support of the american people. the latest polling finds that 70% of americans disapprove of congressional republicans handling of the budget. that's up from 63% just last week. the latest national journal poll are even worse than the gop. 80
the debt ceiling. >> you think that some facet of the president's health care plan should be attached to an increase in the debt celling? >> yes. >> we've just got to put obama care on hold. >> i'll do anything i can to protect the american people from obama care. >> republican congressman scott garrett said if a debt ceiling deal doesn't have a full delay or defund of obama care, i know i and many others will not be able to support whatever the leadership...
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Oct 4, 2013
10/13
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WUSA
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speaker. >> reporter: house speaker john boehner made a key admission about the debt ceiling. a republican who spoke to cnn after a private meeting with house gop members said boehner informed them he will not allow a default to happen. even if it means relying on votes from democrats. >> i'm all wired up here. >> reporter: in a city that lives for an open mic moment to pull back the curtain -- >> cnn. i just go over and over again. we're willing to compromise. we're willing to negotiate. >> reporter: senate republican leader mitch mcconnell and rand paul delivered. >> i think it's all for them to say that over and over again. >> i do too. >> reporter: in maryland -- >> hello everybody. >> reporter: president obama pulled a bit of an ace out of his sleeve sounding the alarm for a key voting bloc, seniors. he explained why defaulting is worse than a government shutdown. >> in an economic shutdown, if we don't raise the debt ceiling, they don't go out on time. >> reporter: he again pressured house speaker john boehner to fund the government and drop obamacare concessions. >> all
speaker. >> reporter: house speaker john boehner made a key admission about the debt ceiling. a republican who spoke to cnn after a private meeting with house gop members said boehner informed them he will not allow a default to happen. even if it means relying on votes from democrats. >> i'm all wired up here. >> reporter: in a city that lives for an open mic moment to pull back the curtain -- >> cnn. i just go over and over again. we're willing to compromise. we're...
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Jan 17, 2013
01/13
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get rid of the debt ceiling all together. that's the limit on how much money the government can borrow. the feds say they could run out of money to pay the bills as soon as next month but republicans refuse to raise the debt limit without new spending cuts. doug mckelway is life on capitol hill. what is the plan from these house democrats? good evening. >> well, bill, they introduced legislation today that would basically amend the statute. the law that put the debt ceiling in place in the first place. it would do so by removing the cap on the treasury of borrowing money. its chances of passage in the republican controlled house are basically slim and none. but at least it allows democrats to paint the republicans as extremists in their desire to attach the debt ceiling to spending cuts. and that's exactly what congressman gerald nadler democrat of new york did today along with other democrats, listen up. >> the intent on blackmailing the country. they say to us if you do not agree to massive cuts to social security, medicare
get rid of the debt ceiling all together. that's the limit on how much money the government can borrow. the feds say they could run out of money to pay the bills as soon as next month but republicans refuse to raise the debt limit without new spending cuts. doug mckelway is life on capitol hill. what is the plan from these house democrats? good evening. >> well, bill, they introduced legislation today that would basically amend the statute. the law that put the debt ceiling in place in...
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Oct 6, 2013
10/13
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CSPAN
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my guess is greece did not have a debt ceiling boat. detroit did not have a debt ceiling boat. it is like turning off the smoke alarm when the fire breaks out. >> i want to press you on that a little more. you mentioned moody's. moody's said that even if we prioritize the debt,, november 1 when we have a payment due they will not be enough receipts in the federal treasury to pay both the bondholders and social security recipients, much less veterans health care and military salaries and all of the other things you have exempted from the shutdown. would this be even worse than the shutdown? >> the full faith and credit act, in accordance with the constitution, explicitly exempts social security. it would not be a part of the calculation. at some point we have to deal with this debt crisis. there are those who always want to put it off to the next day. i am sure there were voices in greece, in detroit, saying put it off for another day. but no, we have to do this today. i am saying this not just as a congressman, but as the father of a 10-year-old son and 11- year-old daughter. o
my guess is greece did not have a debt ceiling boat. detroit did not have a debt ceiling boat. it is like turning off the smoke alarm when the fire breaks out. >> i want to press you on that a little more. you mentioned moody's. moody's said that even if we prioritize the debt,, november 1 when we have a payment due they will not be enough receipts in the federal treasury to pay both the bondholders and social security recipients, much less veterans health care and military salaries and...
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Oct 15, 2013
10/13
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CNN
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we hit the debt ceiling in 1985. we didn't raise the debt ceiling, we hit it, we didn't raise it for three and a half months. we're still here. we hit it again in 1995 for four and a half months and didn't raise the debt ceiling, we survived that. we will survive this. a lot of this is media hype. of course you had the market drop about 160 points today. markets are super fluid. i predict that if we get this under control, we are heading in the right direction, they will rebound and they will recapture the lost wealth they had and they will recapture that if we get this under control. if we don't get this under control, that's where i would be real concerned about that because who in the heck is going to lend us money if we can't get our own financial house in order. again, this is the time to address this. this is what i came up here for. and we got sent up here to address these things and these are tough decisions. nobody wants anybody laid off. nobody wants anybody furloughed. nobody wants the markets to be rattle
we hit the debt ceiling in 1985. we didn't raise the debt ceiling, we hit it, we didn't raise it for three and a half months. we're still here. we hit it again in 1995 for four and a half months and didn't raise the debt ceiling, we survived that. we will survive this. a lot of this is media hype. of course you had the market drop about 160 points today. markets are super fluid. i predict that if we get this under control, we are heading in the right direction, they will rebound and they will...
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Oct 10, 2013
10/13
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surpasses its debt ceiling. phe treasury's computer systems are programmed to pay all the government's bills, not some. >> we are going to be in a place which is uncharted territory. if anyone thinks it works smoothly -- it would not work smoothly. it would be chaos. we have looked at many options. there have been reports indicating thiigs that have been looked at over the years. no one has had to put this into effect. they are not tested. peter: the government shutdown made the debt ceiling deadline projection less reliable. october 17th, if congress does manage to pass this proposal nov. 20 second would be the new deadline. that would be an actual hard deadline because it would not allow treasury to use those extraordinary measures. dagen: dan enninger of the wall street journal editorial board joins us. your reaction with the six week extension? >> it sounds like it might be good news but i am afraid it looks to me like ultimately it is kicking the can down the road, the can being at the center of the disagre
surpasses its debt ceiling. phe treasury's computer systems are programmed to pay all the government's bills, not some. >> we are going to be in a place which is uncharted territory. if anyone thinks it works smoothly -- it would not work smoothly. it would be chaos. we have looked at many options. there have been reports indicating thiigs that have been looked at over the years. no one has had to put this into effect. they are not tested. peter: the government shutdown made the debt...
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Oct 7, 2013
10/13
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WMAR
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congress needs to raise the debt ceiling by october 17th. >>> here in maryland. this is the first furlough day for many lockheed-martin company. 500 workers are at the plan in middle river. 3,000 workers around the nation will stay home. for some, because where they work is inside of a federal building and it is closed. others is because the work is tied a federal agency that is shutdown. they are encouraging employees to use paid vacation and sick time. the company says the number of employees can vary from day-to- day depending on what they do. and the length will be a factor. lockheed-martin is one of the biggest suppliers of military equipment in the country. now, is not known how many workers in our area will be affected. once again, furloughs begins today. >>> the supreme court begins today and the docket is crowded with a number of issues. campaign finance, affirmative action, prayer and abortion is on
congress needs to raise the debt ceiling by october 17th. >>> here in maryland. this is the first furlough day for many lockheed-martin company. 500 workers are at the plan in middle river. 3,000 workers around the nation will stay home. for some, because where they work is inside of a federal building and it is closed. others is because the work is tied a federal agency that is shutdown. they are encouraging employees to use paid vacation and sick time. the company says the number of...
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Oct 13, 2013
10/13
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CSPAN
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eye 64
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republicans blocking the effort to move the debt ceiling bill that would've extended the debt ceiling into 2014. a washington post sunday opinion piece about the effects of the shutdown of one particular worker. shutdown -- what happens when public servants cannot serve. the writer is the director of house -- housing and urban development special needs. that thee writes shutdown is a further affront to public servants who take their jobs and missions seriously as well as those americans who rely on us and our government. progress on our mission -- which is to end homelessness -- is already, undeniably, been compromised. so has the work of the public servants to protect the foodonment, monitor public safety, run our national parks, buyers,loans for home and so much more. that is an opinion piece from this morning. that's go to florida now. ann -- caller: that's right. mortgages are affected and everything. they should never have those parties dancing in the aisles and all of that when this money is so important and the economy is so bad. never. huntington, west virginia, john on the in
republicans blocking the effort to move the debt ceiling bill that would've extended the debt ceiling into 2014. a washington post sunday opinion piece about the effects of the shutdown of one particular worker. shutdown -- what happens when public servants cannot serve. the writer is the director of house -- housing and urban development special needs. that thee writes shutdown is a further affront to public servants who take their jobs and missions seriously as well as those americans who...
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Jan 15, 2013
01/13
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CSPAN
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there's the debt ceiling, whether or not to raise the debt ceiling. some are talking about shutting the government down when the continuing resolution that authorizes spending for this government runs out, that he would negotiate then on this whole issue of spending cuts and new revenue. and if you cannot get a deal, then you let the government shutdown. some republicans are laying the groundwork for that. then you have the sequestration that was delayed under the fiscal cliff deal. so there are more than one battle happening. where do you think the negotiations should take place? should be the debt ceiling or the continuing resolution to fund the government or sequestration? caller: the continuing revolution to keep the government going -- resolution. there are many departments we don't need. i was showing my grandchildr the debt clock, telling him how much money he would know when he becomes a taxpayer. he said he does not want to become a taxpayer. this is taxation without representation. they have to get this under control. they need a dyiet. host
there's the debt ceiling, whether or not to raise the debt ceiling. some are talking about shutting the government down when the continuing resolution that authorizes spending for this government runs out, that he would negotiate then on this whole issue of spending cuts and new revenue. and if you cannot get a deal, then you let the government shutdown. some republicans are laying the groundwork for that. then you have the sequestration that was delayed under the fiscal cliff deal. so there...
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Oct 7, 2013
10/13
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WJLA
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the looming debt ceiling is adding to the crisis. the government is expected to reach that october 17th. there will not be a vote on the bill to boost the borrowing authority without concessions from the penalresident. >> my goal is to have a serious conversation. >> as we get closer, the blame will fall on speaker boehner and the republican party for this upcomingdy zagser. >>> 350,000 defense department employees have been able to go back to work. >>> a spectacular crash in virginia on saturday. and yesterday, a smashup in texas that ended with serious injuries. the texas smashup happened in the final leg in the grand prix of houston. dario franchitti's car went a airborn, throwing the debris into the car. he suffered a concussion, a broken leg if the pileup. 13 race fans were injured. >> one guy came down, bleeding from his head. >> we were in one of the vendor tents over there. some people came over and said, do you have giveaway shirts to give to the people in the stands that got hurt. >> reporter: franchitti, a three-time winne
the looming debt ceiling is adding to the crisis. the government is expected to reach that october 17th. there will not be a vote on the bill to boost the borrowing authority without concessions from the penalresident. >> my goal is to have a serious conversation. >> as we get closer, the blame will fall on speaker boehner and the republican party for this upcomingdy zagser. >>> 350,000 defense department employees have been able to go back to work. >>> a...
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133
Jan 5, 2013
01/13
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MSNBCW
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ronald reagan, george bush, both bushes, raised the debt ceiling, bill clinton raised the debt ceiling, that's something we've never played with because then we're playing with the country's credit rating and that's something we should all come together on and we've never had it happen before. why now play politics on the debt ceiling. it doesn't make sense. >> i'll have to leave it retorically, good to see you. >>> new revelations about marilyn monroe, you'll hear from the reporter that dug up fbi files on the movie star. [ male] research suggests cell health plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. it has 7 antioxidants to support cell health. one a day men's 50+. [ slap! ] [ slap! slap! slap! slap! ] ow! ow! [ male announcer ] your favorite foods fighting you? fight back fast with tums. calcium-rich tums starts working so fast you'll forget you had heartburn. ♪ tum tum tum tum tums woman: we're helping joplin, missouri, come back from a devastating tornado. man: and now we're helping the eas
ronald reagan, george bush, both bushes, raised the debt ceiling, bill clinton raised the debt ceiling, that's something we've never played with because then we're playing with the country's credit rating and that's something we should all come together on and we've never had it happen before. why now play politics on the debt ceiling. it doesn't make sense. >> i'll have to leave it retorically, good to see you. >>> new revelations about marilyn monroe, you'll hear from the...
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Dec 22, 2013
12/13
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MSNBCW
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what i love about this poll, new round of the debt ceiling, manufactured potential debt ceiling crisis, the pea partiers, they're a strict constructionists who are all about the constitution. >> right. >> section 4, 14th amendment of the constitution says the validity of the u.s. debt authorized by law shall not be questioned. that is pretty clear. >> you don't actually think they've read the constitution. come on. >> that's we've got video earlier today. senator schumer was talking about it. on a serious note, obviously, the question becomes what is it they're going to try to hold hostage in these negotiations? i think we can probably guess what they are. let's take a listen to what senator schumer said and we'll talk about it on the other side. >> i would predict that republicans will back off any hostage taking, adding extraneous irrelevant issues to the debt ceiling. they learned in october that if they followed the tea party and said we're going to let the government default unless we get our way, it was highly unpopular. republicans will look back to october and say, we're not go
what i love about this poll, new round of the debt ceiling, manufactured potential debt ceiling crisis, the pea partiers, they're a strict constructionists who are all about the constitution. >> right. >> section 4, 14th amendment of the constitution says the validity of the u.s. debt authorized by law shall not be questioned. that is pretty clear. >> you don't actually think they've read the constitution. come on. >> that's we've got video earlier today. senator schumer...
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Sep 27, 2013
09/13
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ALJAZAM
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the 2011 debt ceiling crisis where the debt ceiling was not breached is estimated to v cost the federal government $1.3 billion in fiscal year 2011. >> reporter: back then congressman aged to raise the debt level at the 11th hour. that caused a credit downgrade and sent the market plummeting more than 16 points. >> republicans say they are open to raising the debt limit, but they have several demands . . . iranian president hassan rouhani is scheduled to hold a news conference in new york at this hour. the event has seen a week that has seen a change in tone from iran. it agreed to take part on its nuclear program next month. and rouhani and president obama have called for a change in relations between the two countries. >>> syria's use of chemical weapons and john terrett is following progress on both issues. john what can we expect today? >> reporter: we predicted from the outset this would be a newsies general assembly, and i have slept through a fair few of these general assemblies in the past, but not this one. this one had really made headlines. i want to tell you about the syria
the 2011 debt ceiling crisis where the debt ceiling was not breached is estimated to v cost the federal government $1.3 billion in fiscal year 2011. >> reporter: back then congressman aged to raise the debt level at the 11th hour. that caused a credit downgrade and sent the market plummeting more than 16 points. >> republicans say they are open to raising the debt limit, but they have several demands . . . iranian president hassan rouhani is scheduled to hold a news conference in...
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Jan 17, 2013
01/13
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FBC
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adam: before we get to the debt ceiling. california overestimated how much tax revenue they would get from the facebook ipo. the overestimated by $600 million. you can hear jerry brown doing a homer simpson. can you trust governments to get the numbers right? the fight over the debt ceiling is in full force. as democratdemocrats propose a o eliminate it completely and the ratings have come out with two scenarios in which it was downgraded the u.s. credit rating. not good news. some republicans are relishing the debt ceiling does indeed have to be raised. joining us now, ihs chief economist and we appreciate you being here. is this fight we are about to have necessary, and what is going to happen to whether it is the global market, 401(k), what will happen to all of us if congress passes this fight? >> this is not a necessary fight. this situation created by congress which sent the debt ceilinfrom years ago in hopes it would impose some discipline but of course it hasn't because it has been raised and raised and raised and no
adam: before we get to the debt ceiling. california overestimated how much tax revenue they would get from the facebook ipo. the overestimated by $600 million. you can hear jerry brown doing a homer simpson. can you trust governments to get the numbers right? the fight over the debt ceiling is in full force. as democratdemocrats propose a o eliminate it completely and the ratings have come out with two scenarios in which it was downgraded the u.s. credit rating. not good news. some republicans...
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Sep 27, 2013
09/13
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MSNBC
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raise the debt ceiling? what's so hard? why do we need to negotiate? >> because you need to change the trajectory of the debt. >> the debt has changed trajectory -- >> yeah. you have to, like, what are you going to do to lower it, so you're just not automatically raising it. >> let me bring in keith ellison, co-chair of the progressive caucus, what's your reaction? >> i think that weaponizing the debt ceiling is bad economic policy, i think it's bad legislative policy, and i'm very sorry that this has happened. we can negotiate over the budget, we negotiate all the time. but to put something like the full faith and credit of the american economy on the line is just beyond the pale. and americans show know. we're not asking about permission to spend future more, we're talking about permission to pay the bills we've already acquired. >> let me ask congressman cole about negotiation. everybody likes negotiation, we have a system of government that requires it in certain circumstances. there's a budget process i
raise the debt ceiling? what's so hard? why do we need to negotiate? >> because you need to change the trajectory of the debt. >> the debt has changed trajectory -- >> yeah. you have to, like, what are you going to do to lower it, so you're just not automatically raising it. >> let me bring in keith ellison, co-chair of the progressive caucus, what's your reaction? >> i think that weaponizing the debt ceiling is bad economic policy, i think it's bad legislative...
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Oct 4, 2013
10/13
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FOXNEWSW
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. >> well, that's because the debt ceiling is still 11, 12 days away. if we didn't have a debt ceiling overhanging it, there would be no movement at all. the president would stay exactly where he is, harry reid stay where they are and wait for the k. what they want is a clean cr as if cleanliness is next to godliness and in and of itself it's a wonderful thing. what they want is to humiliate the republicans and to cause them to walk back and concede everything. but the presence of the debt ceiling is what is saving grace from the gop point of view. obama can't allow it. the more we move away from the closing of the government, it continues, but it will have less effect. it's very ominous for the president, the approach. i suspect that if the shutdown continues into the end of next week, you'll see movement from the democrats because that will be a catastrophe for them politically apart from what it does to the country. >> the president has made an enormous concession that no one has noted. he keeps insisting i want a clean continuing -- which means i wa
. >> well, that's because the debt ceiling is still 11, 12 days away. if we didn't have a debt ceiling overhanging it, there would be no movement at all. the president would stay exactly where he is, harry reid stay where they are and wait for the k. what they want is a clean cr as if cleanliness is next to godliness and in and of itself it's a wonderful thing. what they want is to humiliate the republicans and to cause them to walk back and concede everything. but the presence of the...
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Sep 22, 2013
09/13
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CSPAN
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eye 64
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he will not negotiate over the debt ceiling. he will not exit measures that will tie debt limit increase to the funding for delaying of the affordable care act, which was passed by congress and upheld by the supreme court. the time to make policy is before, not after we have made commitments. this is a standing president must make clear that under no circumstance with united states failed to pay our bills. the president is going to negotiate over the future debate a fiscal policy. that is what he proposed a budget he believes we to make of the country. included are reforms to the title assistance. he made it clear that he is ready to sit down with republicans and democrats to find common ground. elected leaders have a responsibility to make our economy stronger, not to create manufactured crises they create damage. the last thing we need is a fight over whether we raise the debt ceiling. not when we face challenges domestically and internationally that require our full attention. not when we know the damage that a financial and
he will not negotiate over the debt ceiling. he will not exit measures that will tie debt limit increase to the funding for delaying of the affordable care act, which was passed by congress and upheld by the supreme court. the time to make policy is before, not after we have made commitments. this is a standing president must make clear that under no circumstance with united states failed to pay our bills. the president is going to negotiate over the future debate a fiscal policy. that is what...
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396
Oct 14, 2013
10/13
by
CSPAN
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eye 396
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open the government, raise the debt ceiling. they both say they want the same thing. >> a couple of questions. they didn't get a conference in the house and the senate because when you're in the house, you get recommit and you get a lot of embarrassing votes up. the republican leadership didn't feel they were helpful on that. the house did something that the senate didn't do. they passed a number of appropriations bills. the senate has passed zero. the senate has passed zero. but it's like 65% of government because you had d.o.d. and some of the others. republicans feel they gave the tax cuts last year when they were expired and tax rates went up for many americans. so obama care's additional tax on people, they felt they've given enough. compromising people have to move off of the positions, that's how you get there. we're at the point where democrats don't think that the republicans are giving enough, vice versa. we have to do the shutdowns and i think -- >> what may come out of this, we don't know yet, but what may come out o
open the government, raise the debt ceiling. they both say they want the same thing. >> a couple of questions. they didn't get a conference in the house and the senate because when you're in the house, you get recommit and you get a lot of embarrassing votes up. the republican leadership didn't feel they were helpful on that. the house did something that the senate didn't do. they passed a number of appropriations bills. the senate has passed zero. the senate has passed zero. but it's...
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Oct 26, 2013
10/13
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FBC
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neil: but now would you break the debt ceiling? >> the debt ceiling would never be breached. they were days for improving this is a myth that there is an armageddon on the other side of october 17 and forced the president to prioritize. we said he could pay the interest and then you have a fair fight. neil: now it is lost no harry reid says there is a reason to cut spending which mimics what nancy pelosi said. i don't advocate that but it i made a mistake when i negotiated for those revenue increases it is off the table these people our weak and divided maybe the tea party will begin but then they will be sold down the river by a surrender artist but they say they don't want to cut back nobody wants to pay more taxes. we have to reform the entitlements to stop the automatic spending machine that is 2.4 trillion of automatic entitlements of missouri spending. so if they don't use the debt ceiling as a lever to force real spending reform the national that will keep rising then sooner or later someone will have to pay taxes. >> it is not just all blamed on the rich so wateree re
neil: but now would you break the debt ceiling? >> the debt ceiling would never be breached. they were days for improving this is a myth that there is an armageddon on the other side of october 17 and forced the president to prioritize. we said he could pay the interest and then you have a fair fight. neil: now it is lost no harry reid says there is a reason to cut spending which mimics what nancy pelosi said. i don't advocate that but it i made a mistake when i negotiated for those...
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Oct 10, 2013
10/13
by
CSPAN
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eye 71
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ok, we will vote to raise the debt ceiling. anypeople did not like raising of the debt ceiling. we promised we would not spend so much. we promised we would reduce and a lot.1 trillion of synnex said, -- a lot of cynics said congress would not adhere to that. that is exactly what the president did in january of 2012. anothersed to spend trillion dollars above the amount of money we agreed to spend six months before. i did not really want to sign that agreement. i have taxes i want to increase. this is what is occurring. we have got to stand firm. adhere, at least, to the containment of the growth of spending that was in the budget control act. failure to do that is a in our promises to the american people, a total abandonment of any contention that we would be fiscally responsible. it is unthinkable that we would abandon the limits. the truth is, the sad truth is the budget control act reductions in the growth of spending do not come close to putting us on a firm financial footing. we are on an unsustainable debt course as our cbo has told us. we are seeing a reduction in the de
ok, we will vote to raise the debt ceiling. anypeople did not like raising of the debt ceiling. we promised we would not spend so much. we promised we would reduce and a lot.1 trillion of synnex said, -- a lot of cynics said congress would not adhere to that. that is exactly what the president did in january of 2012. anothersed to spend trillion dollars above the amount of money we agreed to spend six months before. i did not really want to sign that agreement. i have taxes i want to increase....
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Oct 10, 2013
10/13
by
CNNW
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a clean debt ceiling. democrats are not so sure. they haven't seen the language of it. but a debt ceiling that doesn't have the spending cuts and other strings attached that? conservatives have been demanding. in exchange for that what they wanted him to agree to was to sit down and talk about the big issues they have to the come together on frankly for two, three years. big, big issues that everybody believes need to be addressed, but they have very different philosophies on how to do so with regard to entitlements, with regard to taxes, with regard to the overall level of government spending. those are the things they wanted to discuss with the president. you know, again, as you and i have talked about so many times over the past ten days or more, we still have a potential chicken or egg situation, which is the best way to describe this. jim just played a quick sound bite from the senate majority leader harry reid, who said it's not going to happened, when asked if they would agree to extend the debt cei
a clean debt ceiling. democrats are not so sure. they haven't seen the language of it. but a debt ceiling that doesn't have the spending cuts and other strings attached that? conservatives have been demanding. in exchange for that what they wanted him to agree to was to sit down and talk about the big issues they have to the come together on frankly for two, three years. big, big issues that everybody believes need to be addressed, but they have very different philosophies on how to do so with...
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Sep 25, 2013
09/13
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FOXNEWSW
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on the debt ceiling, he's the president of the united states, he can't allow a debt ceiling and he certainly can't allow a debt ceiling increase to not take place because he's fighting to protect members of congress from implementing -- from the implementation of his own law that he says is good for everybody. >> that's the point. republicans have planted their flag in a place that the president cannot and will not go. maybe he'd agree to the medical advice tax being lifted. but he will never agree to, for instance, delaying the individual mandate or defunding obama care. he can't and he won't. that's the problem here. but the white house has always said it will negotiate on the budget. it just won't negotiate on the debt ceiling. of course there are going to be negotiations and they're going to lead to hopefully a resolution on the debt ceiling. they're just not going to be about the debt ceiling. >> planting the flag on the senate floor for more than 21 hours, more with the panel, we'll start with charles when we come back. [ male announcer ] making a dodge in 100 easy steps. step 1 -- stu
on the debt ceiling, he's the president of the united states, he can't allow a debt ceiling and he certainly can't allow a debt ceiling increase to not take place because he's fighting to protect members of congress from implementing -- from the implementation of his own law that he says is good for everybody. >> that's the point. republicans have planted their flag in a place that the president cannot and will not go. maybe he'd agree to the medical advice tax being lifted. but he will...
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Sep 27, 2013
09/13
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CSPAN
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d -- the debt ceiling. ewe have a debt crisis in this nation. i don't think many people have differed with that notion. and we do have a plan to reduce wasteful government spending, which also spurs economic growth. so our plan reduces energy costs for families and businesses. it calls for the reform of our tax code. it reforms washington spending and it delays obamacare for one year for all american families. now, president obama has already delayed the law for big business, for insurance companies and the politically connected, so this is only fair for us to say that american families should also have the benefit of delay that this president has given to those. now, for too long, president obama and his democratic colleagues in the senate have chosen to ignore our looming debt crisis, and president obama's plan has been and is still more debt and no reform. and the american people have resoundedly rejected this idea. we have a recent poll out this morning, the bloomberg poll, which says that the american people know they don't want -- no, they
d -- the debt ceiling. ewe have a debt crisis in this nation. i don't think many people have differed with that notion. and we do have a plan to reduce wasteful government spending, which also spurs economic growth. so our plan reduces energy costs for families and businesses. it calls for the reform of our tax code. it reforms washington spending and it delays obamacare for one year for all american families. now, president obama has already delayed the law for big business, for insurance...
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Oct 10, 2013
10/13
by
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host: are other member signing onto the debt ceiling alternative act? guest: the debt ceiling alternative act was put together by me and a number of -- just to sort of demonstrate the assets that are available to us. we all went to this a couple years ago -- it is being woven into this discussion of do we use that but do we also use other assets? we have great data now over the number of european countries that have been most successful working themselves out of their crisis were the ones that did not just raise taxes and pilot that. those countries had the slowest growth. the assets ended up creating expansion for the economy. we have pretty good models to look to. host: tim is up next from westlake, ohio on our line for independents. guest: good morning, tim. questions.ave 2 i don't understand how federal and please you are being furloughed are getting paid for their days off through the legislation that you guys created. i know of no other state or locality or corporations, for that matter, the one-day furlough people they pay them for those days per
host: are other member signing onto the debt ceiling alternative act? guest: the debt ceiling alternative act was put together by me and a number of -- just to sort of demonstrate the assets that are available to us. we all went to this a couple years ago -- it is being woven into this discussion of do we use that but do we also use other assets? we have great data now over the number of european countries that have been most successful working themselves out of their crisis were the ones that...
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Feb 5, 2013
02/13
by
FOXNEWS
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eye 59
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that is called suspending the debt ceiling, you raise the debt ceiling so you put a lid on what the government can spend. when you reach your credit, they will give you another thousand dollars and that is new limit. what has now happened is capitol hill has suspended that limit, now you are going to american express card with no limit and you have given the president no limit until mid may? >> i don't think american express would like the comparison because it couldn't be as bad. [ laughter ] >> but they are limited by the appropriations process and house and senate under the constitution have the power of the purse. he is not supposed to spend important. having said that, you are right. it's a huge problem. we should not extend the debt limit again. what is coming up, it may be four to six months unless there are legally spending cuts. i proposed that legislation. it got a lot of votes on the floor but it's simple idea. reduction of spending for every dollar increase in debt limit and you get to balanced budget over ten years if you do that. >> greta: breaking news, it's an important topic.
that is called suspending the debt ceiling, you raise the debt ceiling so you put a lid on what the government can spend. when you reach your credit, they will give you another thousand dollars and that is new limit. what has now happened is capitol hill has suspended that limit, now you are going to american express card with no limit and you have given the president no limit until mid may? >> i don't think american express would like the comparison because it couldn't be as bad. [...